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Evangeline County, LA · Sold

LA-899109

2529 County Road 398

$822,900
$1,724/ac · 477 ac
Acreage477 ac
Price per acre$1,724/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyMixed
ListedSep 6, 2025
Coordinates30.6461, -92.4634
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Evangeline County, Louisiana. Timber and marsh-adjacent tracts; drainage defines usable acreage.

View Evangeline market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
17
Low risk
Wetlands4.2% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,995 ft of deeded road frontage.

Power11,100 ft away

A long utility run — price in solar/off-grid instead.

Buildable area434.32 of 477.22 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,051,025
$966,943$1,135,107 · $2,202/ac on 477 ac
Asking vs estimate
-21.7%
Priced below the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $822,900
Maximum allowable offer
$600,586
$1,259/ac · +30.0% target margin

You need $222,314 off asking to hit this margin.

All-in cost$651,636
Net resale$966,943
Projected profit$315,307
ROI+48.4%
Annualized+69.2%
Break-even resale$1,484/ac
Profit if resale lands off target
-20%
$121,919
-10%
$218,613
0%
$315,307
+10%
$412,002
+20%
$508,696
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
LA-778714
Dirt · Full utilities
358.5Jul 27, 2026$1,315,6003,6702,3535.6 mi
84
LA-339968
Paved · Power at road
889.1Jul 17, 2026$2,352,2002,6451,9899.8 mi
77
LA-968582
Dirt · Full utilities
325.8Feb 13, 2026$1,150,9003,5332,24410.6 mi
75
LA-589046
Landlocked · Full utilities
455.9Oct 1, 2024$1,180,9002,5902,4288.7 mi
72
LA-348228
Gravel · Off grid
252.1Nov 13, 2025$730,4002,8972,1314.1 mi
72
LA-488188
Gravel · Full utilities
244.9Oct 20, 2025$982,2004,0112,04310.6 mi
65
Show adjustment detail for the top comp
  • Tract size (358.47 ac → 477.22 ac)-8.2%
  • Utilities (Full utilities → Off grid)-30.3%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.